Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient and selective coupling with aryl or heteroaryl halides under mild palladium catalysis. Commonly employed in the development of complex organic molecules, including active pharmaceutical ingredients (APIs), where precise molecular assembly is required. Also utilized in materials science for constructing conjugated systems in organic electronics due to its stability and reactivity profile.